Building a new home is a major project with many considerations.
The location, lot size, design, materials, and choice of builder are just some of the important decisions to make—not mention what it will cost and how you will pay for it.
With so many considerations to make, it’s easy to become overwhelmed. Let us take care of the financing, so you can focus on creating the perfect home for you and your family.
A Construction Permanent Loan makes new home financing simple. There’s just one loan application and one closing. Primary or vacation home, you can use the construction loan to build either.
Other advantages of a Construction Permanent Loan include:
Let us help you begin building your dream home.
Choose from these other mortgage types that might work for you.
Looking for stable monthly payments? With a Fixed-Rate Mortgage, the interest rate on your mortgage loan remains the same for its entire term.
Most adjustable-rate mortgage (ARM) loans feature an initial fixed-rate period, with interest rates adjusting once per year after the fixed-rate term expires.
If you are a medical resident, practicing physician, attorney, oral surgeon, dentist or CPA, a Professional mortgage loan can help you achieve financial flexibility.
Government Loan Programs
If you are looking to apply for a mortgage or to refinance, you may be eligible for a FHA, VA, or USDA loan.
Home Ownership Made Easier (HOME)
Through our Home Ownership Made Easier (HOME) mortgages, BBVA Compass is building stronger communities and helping people achieve the dream of home ownership.
Building your dream home starts with finding the perfect location. With so many considerations to make in preparing to build, let us take care of the lot financing.
Renovation Permanent Loans
Kitchen remodel, attic conversion, basement finishing, or bedroom add-on—major renovations can add serious value to your home.
Foreign National Mortgage
BBVA Compass welcomes the opportunity to provide mortgage services to Foreign Nationals who want to purchase, refinance, build, or renovate a home in the United States.
Please complete this inquiry form, and a Mortgage Specialist at BBVA Compass will contact you within 1 business day. There is no obligation on consultation for any of your home financing needs.
Whether you're relocating across the country or simply down the block, some advance preparation can ensure your move goes smoothly and you avoid any added stress.
Spring and summer will be here before you know it. And while filling up your gas tank is much easier on your wallet these days, other costs of family travel can quickly add up. Here are some tips for saving money on your next family vacation: